Binance has just added 4,225 BTC (worth approximately $299.6M) to its Secure Asset Fund for Users (SAFU), pushing the fund's total Bitcoin holdings to 10,455 BTC — valued at roughly $734M at current prices.This latest purchase is part of Binance's broader strategy, announced earlier in 2026, to convert a significant portion of the SAFU fund (originally around $1 billion in stablecoins) into Bitcoin.
The goal? To strengthen the fund's long-term resilience, demonstrate confidence in Bitcoin as a store of value, and enhance user protection in extreme scenarios.
Latest buys: 4,225 BTC (~$299.6M–$300M) — confirmed via on-chain data and Binance's official announcement on X.
Total SAFU BTC holdings: Now 10,455 BTC (~$734M–$741M depending on exact price at confirmation).
This follows earlier accumulations (e.g., ~3,600 BTC in early February), with Binance stating it will continue buying to complete the conversion within 30 days of the original plan. They’ve also pledged to maintain a minimum value threshold (e.g., rebalancing if it dips below certain levels like $800M).
Why This Matters The SAFU fund — launched in 2018 after a hack — acts as an emergency reserve to cover user losses in worst-case events.
Shifting from stablecoins to BTC signals Strong belief in Bitcoin's fundamentals.
A move to make the fund more "future-proof" against inflation or fiat risks.
A bullish on-chain signal, as large, permanent buys like this, remove BTC from circulation and provide market support.
While the fund still holds other assets, this Bitcoin-heavy pivot has caught attention across the crypto community — especially amid ongoing market volatility.
Binance emphasized: “We’re continuing to acquire Bitcoin for the SAFU fund, aiming to complete conversion within 30 days.
This could be a meaningful vote of confidence from one of the largest exchanges! What are your thoughts on Binance going big on BTC for SAFU? Bullish move or just smart risk management?
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